SpaceX Reportedly Pursuing $40 Billion Debt for AI Chip Acquisition

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-07T04:00:00Z
Category: finance
Source: BeInCrypto
Original source

SpaceX is reportedly seeking $40 billion in debt, with Apollo Global Management expected to lead the financing, to acquire Nvidia AI chips. This substantial fundraising, comprising approximately $10 billion in bank loans and $30 billion in investment-grade debt, highlights the significant capital demands for building AI infrastructure.

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